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Developer launches luxury Le Moriah Residences in Lagos


An illustration of the proposed Le Moriah Residences, Lekki, Lagos

If the projections of a Lagos-based estate construction company come to pass, the firm will by June next year, commission a estate comprising 50 units of luxurious apartments located in Ikate Elegushi, along the Victoria Island – Lekki corridor.

Tagged ‘Le Moriah Residences’, the project is a baby of Moriah Altura Limited and will on completion, sit on two acres of land from the Elegushi family and covered by a governor’s consent by the Lagos State government.

The scheme comes as a contemporary urban lifestyle estate consisting of different types of spacious two, three and four bed apartments and mezzanine pent houses designed for functionality and aesthetics.


The project is located at 7.4 kilometers from the Lekki Admiralty Toll gate and 8.5 kilometers to the Lekki-Ikoyi link bridge 6.1 kilometers to the Conservation Toll gate with retail shopping and streams of commercial activities.

Dubbed by its promoters as a haven of affordable luxury, the estate comes with stand-by power supply, children playground, swimming pool, access control, ample parking, professional security and CCTV, creche, laundry and intercom.

Already, the construction work on the estate has reached roofing level about 80per cent. Structural work will be completed in December and entire project consists of three blocks of residential serviced apartments and a block for services, and project delivery is fixed for May 2018 while actual handover will be June.

Prospective subscribers have opportunity for milestone payments. “This premium design and construction provides owner with the pride and peace of ownership of this address.  The carefully selected finishes add to the overall style uniqueness of this estate,” according to Paul Umogbai, Managing Director, Moriah Altura Limited.

He explained that “Le Moriah Residence is a place to live the urban modern life surrounded by a wide variety of shopping malls, entertainment hubs, dining, business, banking and recreational spaces.”

Umogbai said this is the best opportunity this year to secure a home in the sought after area of Lekki. “The location is right for reasonable return on investments and attraction for medium as well as high- income earners, who will want the return on their investment within the shortest possible time.

“The Lagos State Government has signed an investment deal with the City of Dubai, United Arab Emirates for the creation of Africa’s first smart city. With the signing of the memorandum of understanding, Lagos will be the historic home of the very first smart city in Africa. This multi-billion dollar investment is expected to create thousands of jobs and transform the Ibeju-Lekki axis in particular and the entire Lagos state in general,” he added.

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